TNT 2.17% 22.5¢ tesserent limited

Raising cash at 7c when it isn't required isn't in shareholders...

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  1. 85 Posts.
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    Raising cash at 7c when it isn't required isn't in shareholders best interests. We have 2M cash reserves with negligible cash burn and long term contracted monthly recurring cash receipts. I'd Hold off raising cash for at least a couple of quarters until the SP is up closer to its IPO price, which, thankfully, I think is now inevitable!
 
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